San Diego, CA -- (SBWIRE) -- 04/12/2016 -- An investigation for shareholders of L-3 Communications Holdings, Inc. over potential securities laws violations by certain directors of L-3 Communications Holdings, Inc. in connection certain financial statements was announced.

Investors who purchased shares of L-3 Communications Holdings, Inc. (NYSE:LLL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of L-3 Communications Holdings, Inc. (NYSE:LLL) concerning whether certain statements regarding by L-3 Communications Holdings' business, its prospects and its operations were materially false and misleading at the time they were made.

On July 31, 2014, L-3 Communications Holdings, Inc. announced that it expects to take a pre-tax charge of $84 million, resulting in a reduction of operating income, as well as a related reduction in net sales of $43 million. Shares of L-3 Communications Holdings, Inc. declined from $119.64 per share on July 30, 2014, to $99.33 per share on July 31, 2014.

On August 4, 2014 a lawsuit was filed over alleged violations of Federal Securities Laws by L-3 Communications Holdings, Inc. The plaintiff claimed that L-3 Communications Holdings, Inc. overstated its net sales and inappropriately deferred contract cost overruns between April 25, 2013 and July 30, 2014.

On April 8, 2016, NYSE:LLL shares closed at $119.41 per share.

Those who purchased shares of L-3 Communications Holdings, Inc. (NYSE:LLL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com